so far RCL-12.6% CCL,NCLH -6.8% 邮轮股今天除了疫情的原因，还因为 RCL 坏了一锅汤 RCL Royal Caribbean provides update on bookings and liquidity Update on Bookings: "Our bookings for 2021 have continued to improve over the last two months, although still below pre-COVID-19 levels. Pricing for 2021 bookings is relatively flat year-over-year when including the negative yield impact of bookings made with future cruise credits; it is slightly up year-over-year when excluding them. We have implemented various programs to best serve our booked guests providing the choice of future cruise credits ("FCCs") or the opportunity to ''''Lift & Shift'''' their booking to the same sailing the following year in lieu of providing cash refunds. As of June 30, 2020, the Company had approximately $1.8 billion in customer deposits. The Company believes that the customer deposits balance is not materially different as of September 30, 2020 as compared to the June 30, 2020 balance. Approximately 50% of the guests booked on cancelled sailings have requested cash refunds." Update on Recent Liquidity Actions and Ongoing Uses of Cash: "As of September 30, 2020, we had liquidity of approximately $3.7 billion, including $3.0 billion in the form of cash and cash equivalents and a $0.7 billion commitment for a 364-day term loan. Our cash burn rate for the third quarter was consistent with our previously announced range of approximately $250 million to $290 million per month during a prolonged suspension of operations, when excluding cash refunds of customer deposits, commissions, cash inflows from new and existing bookings and fees and collateral postings related to our financing and hedging activities. [...] Expected debt maturities for the remainder of 2020 and 2021 are $0.3 billion and $1.3 billion, respectively. We estimate our cash burn to be, on average, in the range of approximately $250 million to $290 million per month during a prolonged suspension of operations. This range includes all interest expenses, including the increases driven by the latest capital raises (other than any interest expense related to the Convertible Notes Offering). It also includes ongoing ship operating expenses, administrative expenses, hedging costs, expected necessary capital expenditures (net of committed financings in the case of newbuilds) and excludes cash refunds of customer deposits, commissions, debt obligations and cash inflows from new and existing bookings. We are considering ways to further reduce the average monthly cash burn under a further prolonged out-of-service scenario and during re-start of operations." 这个不算 bad news, 坏事的是这个，说明这公司现在为了维持运营很缺钱 RCL Royal Caribbean announces proposed offering of common stock; commences $500 mln a private offering of senior convertible notes to be issued by the Company due 2023 The Company has commenced an underwritten public offering of $500 million of shares of common stock. The Company also announced by a separate press release that it has commenced a private offering to eligible purchasers of $500 million aggregate principal amount of senior convertible notes due 2023 - expects to use a portion of the net proceeds from the offering to repay its 2.650% Senior Notes due 2020, with the remainder to be used for general corporate purposes. 不知道美股这增发股票是怎么规定的，感觉上市公司不需事先开股东会批准，随时可以搞，这就好比无预警随时从 shareholder 手里抢钱
(copy from the Motley Fool) Why Royal Caribbean, Carnival, and Norwegian Cruise Line Stocks Plunged Today What happened Shares of Royal Caribbean (NYSE:RCL) sank on Tuesday after the cruise ship company said it was seeking to raise another $1 billion to fund its operations during the coronavirus pandemic. Fellow cruise ship operators Carnival (NYSE:CCL) (NYSE:CUK) and Norwegian Cruise Line Holdings (NASDAQ:NCLH) also fell on the news. Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings were down 13%, 7.5%, and 8%, respectively. So what With most of its fleet unable to leave port due to COVID-related sailing restrictions, Royal Caribbean has suffered heavy losses during the coronavirus crisis. In just the first six months of 2020, it generated a net loss of $3.1 billion. Unfortunately, those losses are set to grow even larger in the coming months. Royal Caribbean said that while it hopes to resume voyages by Dec. 1, it could "provide no assurance" that it will be able to restart its operations this year. Against this backdrop, Royal Caribbean announced a $500 million share offering and a $500 million senior convertible notes sale. The capital raise will help the struggling company stay afloat for the time being, but it will further dilute shareholders, many of whom have suffered brutal losses over the past year. Now what With COVID-19 case counts rising again in the U.S. and other parts of the world as we approach winter, it''s possible that the Centers for Disease Control and Prevention (CDC) and other health officials could extend no-sail orders into 2021. That would place further pressure on the beleaguered cruise industry. And with Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings all burning through vast amounts of their shareholders'' capital, they could be forced to sell more stock and debt in the coming months, which would likely lead to further declines in their share prices.
邮轮股今天除了疫情的原因，还因为 RCL 坏了一锅汤
RCL Royal Caribbean provides update on bookings and liquidity Update on Bookings: "Our bookings for 2021 have continued to improve over the last two months, although still below pre-COVID-19 levels. Pricing for 2021 bookings is relatively flat year-over-year when including the negative yield impact of bookings made with future cruise credits; it is slightly up year-over-year when excluding them. We have implemented various programs to best serve our booked guests providing the choice of future cruise credits ("FCCs") or the opportunity to ''''Lift & Shift'''' their booking to the same sailing the following year in lieu of providing cash refunds. As of June 30, 2020, the Company had approximately $1.8 billion in customer deposits. The Company believes that the customer deposits balance is not materially different as of September 30, 2020 as compared to the June 30, 2020 balance. Approximately 50% of the guests booked on cancelled sailings have requested cash refunds." Update on Recent Liquidity Actions and Ongoing Uses of Cash: "As of September 30, 2020, we had liquidity of approximately $3.7 billion, including $3.0 billion in the form of cash and cash equivalents and a $0.7 billion commitment for a 364-day term loan. Our cash burn rate for the third quarter was consistent with our previously announced range of approximately $250 million to $290 million per month during a prolonged suspension of operations, when excluding cash refunds of customer deposits, commissions, cash inflows from new and existing bookings and fees and collateral postings related to our financing and hedging activities. [...] Expected debt maturities for the remainder of 2020 and 2021 are $0.3 billion and $1.3 billion, respectively. We estimate our cash burn to be, on average, in the range of approximately $250 million to $290 million per month during a prolonged suspension of operations. This range includes all interest expenses, including the increases driven by the latest capital raises (other than any interest expense related to the Convertible Notes Offering). It also includes ongoing ship operating expenses, administrative expenses, hedging costs, expected necessary capital expenditures (net of committed financings in the case of newbuilds) and excludes cash refunds of customer deposits, commissions, debt obligations and cash inflows from new and existing bookings. We are considering ways to further reduce the average monthly cash burn under a further prolonged out-of-service scenario and during re-start of operations."
这个不算 bad news, 坏事的是这个，说明这公司现在为了维持运营很缺钱
RCL Royal Caribbean announces proposed offering of common stock; commences $500 mln a private offering of senior convertible notes to be issued by the Company due 2023 The Company has commenced an underwritten public offering of $500 million of shares of common stock. The Company also announced by a separate press release that it has commenced a private offering to eligible purchasers of $500 million aggregate principal amount of senior convertible notes due 2023 - expects to use a portion of the net proceeds from the offering to repay its 2.650% Senior Notes due 2020, with the remainder to be used for general corporate purposes.
不知道美股这增发股票是怎么规定的，感觉上市公司不需事先开股东会批准，随时可以搞，这就好比无预警随时从 shareholder 手里抢钱
Why Royal Caribbean, Carnival, and Norwegian Cruise Line Stocks Plunged Today
What happened
Shares of Royal Caribbean (NYSE:RCL) sank on Tuesday after the cruise ship company said it was seeking to raise another $1 billion to fund its operations during the coronavirus pandemic. Fellow cruise ship operators Carnival (NYSE:CCL) (NYSE:CUK) and Norwegian Cruise Line Holdings (NASDAQ:NCLH) also fell on the news.
Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings were down 13%, 7.5%, and 8%, respectively.
So what
With most of its fleet unable to leave port due to COVID-related sailing restrictions, Royal Caribbean has suffered heavy losses during the coronavirus crisis. In just the first six months of 2020, it generated a net loss of $3.1 billion.
Unfortunately, those losses are set to grow even larger in the coming months. Royal Caribbean said that while it hopes to resume voyages by Dec. 1, it could "provide no assurance" that it will be able to restart its operations this year.
Against this backdrop, Royal Caribbean announced a $500 million share offering and a $500 million senior convertible notes sale. The capital raise will help the struggling company stay afloat for the time being, but it will further dilute shareholders, many of whom have suffered brutal losses over the past year.
Now what
With COVID-19 case counts rising again in the U.S. and other parts of the world as we approach winter, it''s possible that the Centers for Disease Control and Prevention (CDC) and other health officials could extend no-sail orders into 2021. That would place further pressure on the beleaguered cruise industry. And with Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings all burning through vast amounts of their shareholders'' capital, they could be forced to sell more stock and debt in the coming months, which would likely lead to further declines in their share prices.